Abacus is seeking an experienced candidate to join their company as a CFO in Islamabad. There are no gender preferences, and the minimum required experience is 5 years at a senior financial management position. The position is contract-based for about 3 years, which can be extended based on the candidate’s performance. The selected candidate should be given a market-competitive salary. The maximum age limit is 55 years. The last date to apply is April 14, 2025. No applications would be accepted after the due date.
Therefore, becoming a Chief Financial Officer (CFO) is a fantastic chance if you have financial skills and wish to advance your career. A CFO oversees budgets, assists in making crucial financial choices, and makes sure all regulations are followed. Strong financial and leadership abilities can support a company’s expansion. The CFO role provides an opportunity to have a significant effect if you’re up for a new challenge.
Job Details:
| No. of Positions | Not Specified |
| Job Type | Full-Time (Contract-Based) |
| Job Location | Islamabad, Pakistan |
| Gender | No Preferences |
| Salary | Market-Competitive |
| Qulaifications | An individual who belongs to a reputable organization of professional accountants |
| Skills | Leadership Skills, Management Skills, Communication Skills, Decision-Making Skills |
| Minimum Experience | 13 years or more after graduation, with at least 5 of those years spent in a senior financial management role |
| Last Date to Apply | April 14, 2025 |
Job Description:
On all financial issues, the Chief Financial Officer (CFO) will make sure the Board receives the proper recommendations. This involves maintaining accurate financial documentation and accounts in addition to a strong internal control framework. To guarantee efficient and legal financial operations, the CFO will communicate with a variety of stakeholders, including auditors, ministries, and regulatory agencies. They will serve as the company’s primary spokesperson on financial issues and represent it in various venues.
Providing strategic leadership in all facets of finance and putting policies in place that guarantee strict financial discipline and regulatory compliance are part of the job description. In addition to overseeing financial planning, forecasting, and tax management, the CFO will make sure that all applicable laws and regulations are followed, both for public sector enterprises and the LNG industry.
The candidate’s responsibility is to guarantee that the business’s financial systems are robust and completely adhere to all applicable corporate, tax, and other regulatory obligations. In addition, the CFO will be in charge of overseeing the contractual structure. Gas sales agreements, LNG imports, pricing, tariff determination, regasification margins, and commercial talks are all included in this.
Last but not least, the position involves managing tax planning to maximize the business’s tax position while guaranteeing complete adherence to tax regulations.
Moreover,
- A member of an established association of professional accountants is one of the requirements.
- At least 13 years of post-qualification experience, including at least 5 years in a senior financial management role in a sizable public or commercial organization, ideally in the energy industry, with assets totaling at least PKR 5 billion.
Time and Compensation:
- A three-year initial contract will be offered to the chosen candidate, with the possibility of an extension based on their performance.
- Competitive compensation and market-based benefits that match the candidate’s expertise and profile will be provided to the chosen applicant.
Documents Required:
- Detailed Curriculum Vitae
- Copy of Testimonials, including Experience Certificates, Qualification Certificates, and Professional Association or Body Membership Information, if applicable.
- CNIC
How to Apply?
Click on the below button to apply:
Frequently Asked Questions:
What position is it offering?
The Chief Financial Officer (CFO), a senior leadership post in charge of managing all financial operations and initiatives, is up for grabs.
What is the location of this job?
The job is situated on-site in Islamabad.
Is this a long-term position?
No, it’s a contract-based role that has a three-year starting term with performance-based extensions possible.
Is there a preference for a particular gender?
No. All eligible applicants, regardless of gender, are eligible for the position.
What credentials are necessary?
The applicant needs to be:
1- A person who belongs to a respectable professional accounting organization
2- Able to exhibit a solid understanding of regulatory frameworks and financial systems
What background is required?
1- 13 years or more of work experience following graduation
2- Five years or more of experience in a senior financial management position
3- Experience in an energy-related public or private sector enterprise is preferred.
Is there a maximum age?
Indeed, candidates must be under 55 at the time of application.
What abilities are required of the candidate?
Candidates ought to be excellent at:
1- Leadership in strategy
2- Financial forecasting and decision-making
3- Stakeholder engagement and communication
4- Regulatory compliance and tax planning
What range of salaries is expected?
Given the candidate’s background and experience, the pay is competitive with the market.
Are there any other advantages?
Indeed. Benefits are contingent on experience and performance and include chances for:
1- Renewal of contract
2- Professional development
3- Exposure to high-level stakeholders
Which documents are necessary?
Candidates need to send in:
1- Revised resume
2- copies of the certifications of qualification
3- Letters of experience
4- Proof of membership in accounting bodies
4- CNIC
What exactly does an Abacus CFO do?
Important duties include of:
1- Strategy development and financial leadership
2- Financial reporting, forecasting, and budgeting
3- Tax preparation and adherence
4- Contract supervision for LNG imports, sales contracts, levies, and margins for regasification
5- Managing stakeholders, including speaking with regulators and auditors
Which industry expertise is beneficial?
Priority will be given to applicants with experience in the energy sector, LNG industry, and large-scale public enterprise finance.